bottlenekdolfin

Heavy Ichi Cloud, near top of downtrend

Short
BITSTAMP:BTCUSD   Bitcoin
The 4-hour has switched to a bearish Ichi cloud and the daily Ichi Cloud is very heavy. That doesn't mean it won't go up but if we combine the Ichi with the trend lines we see it's very unlikely to break the trend. I'm looking at a 6k target and a stop loss at 7.6k.
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